Conceptbrewery: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Conceptbrewery
Largest movements
- Tangible fixed assets +€25,711
up €25,711 (+32.1%), from €79,995 to €105,706
- Receivables within one year -€20,892
down €20,892 (-35.9%), from €58,253 to €37,361
of which Trade receivables: -€30,045
- Cash +€6,672
up €6,672 (+10.1%), from €66,147 to €72,819
mainly Net result for the year (+€59,492) and Depreciation (+€21,477)
- Reserves +€59,492
up €59,492 (+20.4%), from €291,189 to €350,682
- Tax, wage and social debts -€38,794
down €38,794 (-86.2%), from €45,004 to €6,211
- Other debts +€12,744
up €12,744 (+214.1%), from €5,952 to €18,696
- Trade debts -€10,694
down €10,694 (-97.5%), from €10,966 to €272
- Debts after one year -€4,318
down €4,318 (-10.7%), from €40,446 to €36,128
- Gross operating margin -€19,079
down €19,079 (-14.4%), from €132,340 to €113,260
- Taxes -€5,164
down €5,164 (-18.8%), from €27,415 to €22,252
- Financial charges -€5,099
down €5,099 (-84.6%), from €6,031 to €932
- Depreciation +€4,299
up €4,299 (+25.0%), from €17,178 to €21,477
- Other operating charges -€1,898
down €1,898 (-16.3%), from €11,656 to €9,758
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €408,124 | €423,094 | +€14,971 | +3.7% |
| Fixed assets | 21/28 | €80,695 | €106,606 | +€25,911 | +32.1% |
| Tangible fixed assets | 22/27 | €79,995 | €105,706 | +€25,711 | +32.1% |
| Land and buildings | 22 | €61,776 | €69,286 | +€7,510 | +12.2% |
| Plant, machinery and equipment | 23 | €4,456 | €16,935 | +€12,480 | +280.1% |
| Furniture and vehicles | 24 | €13,763 | €19,485 | +€5,721 | +41.6% |
| Financial fixed assets | 28 | €700 | €900 | +€200 | +28.6% |
| Current assets | 29/58 | €327,428 | €316,488 | -€10,941 | -3.3% |
| Amounts receivable within one year | 40/41 | €58,253 | €37,361 | -€20,892 | -35.9% |
| Trade receivables | 40 | €58,195 | €28,149 | -€30,045 | -51.6% |
| Other amounts receivable | 41 | €58 | €9,212 | +€9,154 | +15881.1% |
| Current investments | 50/53 | €203,029 | €203,031 | +€2 | 0.0% |
| Cash at bank and in hand | 54/58 | €66,147 | €72,819 | +€6,672 | +10.1% |
| Deferred charges and accrued income | 490/1 | - | €3,278 | +€3,278 | |
| Total equity and liabilities | 10/49 | €408,124 | €423,094 | +€14,971 | +3.7% |
| Equity | 10/15 | €297,689 | €357,182 | +€59,492 | +20.0% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €291,189 | €350,682 | +€59,492 | +20.4% |
| Distributable reserves | 133 | €291,189 | €350,682 | +€59,492 | +20.4% |
| Amounts payable | 17/49 | €110,434 | €65,912 | -€44,522 | -40.3% |
| Amounts payable after more than one year | 17 | €40,446 | €36,128 | -€4,318 | -10.7% |
| Financial debts | 170/4 | €40,446 | €36,128 | -€4,318 | -10.7% |
| Amounts payable within one year | 42/48 | €66,188 | €29,785 | -€36,404 | -55.0% |
| Current portion of amounts payable after more than one year | 42 | €4,265 | €4,318 | +€53 | +1.2% |
| Financial debts | 43 | - | €287 | +€287 | |
| Credit institutions | 430/8 | - | €287 | +€287 | |
| Trade debts | 44 | €10,966 | €272 | -€10,694 | -97.5% |
| Suppliers | 440/4 | €10,966 | €272 | -€10,694 | -97.5% |
| Taxes, remuneration and social security | 45 | €45,004 | €6,211 | -€38,794 | -86.2% |
| Taxes | 450/3 | €45,004 | €6,211 | -€38,794 | -86.2% |
| Other amounts payable | 47/48 | €5,952 | €18,696 | +€12,744 | +214.1% |
| Accrued charges and deferred income | 492/3 | €3,800 | €0 | -€3,800 | -100.0% |
| Non-recurring operating income | 76A | €264 | €0 | -€264 | -100.0% |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,178 | €21,477 | +€4,299 | +25.0% |
| Other operating charges | 640/8 | €11,656 | €9,758 | -€1,898 | -16.3% |
| Non-recurring operating charges | 66A | €63 | - | -€63 | |
| Gross operating margin | 9900 | €132,340 | €113,260 | -€19,079 | -14.4% |
| Operating profit (loss) | 9901 | €103,443 | €82,026 | -€21,417 | -20.7% |
| Financial income | 75/76B | €1,364 | €650 | -€715 | -52.4% |
| Recurring financial income | 75 | €1,364 | €650 | -€715 | -52.4% |
| Financial charges | 65/66B | €6,031 | €932 | -€5,099 | -84.6% |
| Recurring financial charges | 65 | €6,031 | €932 | -€5,099 | -84.6% |
| Profit (loss) for the period before taxes | 9903 | €98,777 | €81,744 | -€17,033 | -17.2% |
| Income taxes | 67/77 | €27,415 | €22,252 | -€5,164 | -18.8% |
| Profit (loss) for the period | 9904 | €71,361 | €59,492 | -€11,869 | -16.6% |
| Profit (loss) for the period to be appropriated | 9905 | €71,361 | €59,492 | -€11,869 | -16.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.